Supreme Court · 2006 INSC 658 · Decided 26 September 2006

Ashok Mahajan v. State of U.P. and ORS.

Court
Supreme Court of India
Citation
2006 INSC 658 · [2006] SUPP. 6 S.C.R. 657
Case number
CIVIL APPEAL No. 4257/2006
Decided
26 September 2006
Bench
ARIJIT PASAYAT, LOKESHWAR SINGH PANTA (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
Constitution

Headnote

B Uttar Pradesh Public Moneys (Recovery of Dues) Act, 1972; S.4: Recovery of loan-Issuance of recovery certificate against guarantor­ Challenge to-Dismissed by High Court-On appeal, Held: High Court is C directed to re-consider the matter in the light of the observations made by Supreme Court of U.P. Limited on similar issu.e-Directions issued­ Uttar Pradesh Zamindari Abolition Act, 1950-Section 279(/)(b). A Company had taken term loan from the Pradeshiya Industrial and D Investment Corporation ofUttar Pradesh by mortg;iging immovable properties. Initially, the

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